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Wednesday, February 10, 2021

| February 10, 2021

Beasley Broadcast Group’s Q4 2020 Net Revenue Declines 5.1%. Reporting on the fourth quarter and the full year of 2020, Beasley Broadcast Group – parent company of Beasley Media Group – reports net revenue of $68.5 million for the fourth quarter, a decline of 5.1% over the same period in 2019. For the full year, net revenue was $206.1 million, a decrease of 23.7% from the $261.6 million reported in 2019. There was positive news from the fourth quarter as operating income rose 54% to $19.6 million and station operating income increased 25.2% to $20.1 million. However, for the full year of 2020, the company posted an operating loss of $4.3 million and station operating income declined 86% to $24 million. Beasley CEO Caroline Beasley states, “Beasley’s 2020 fourth quarter financial results reflect the ongoing recovery of our business and solid execution by our teams in generating sequential quarter-over-quarter revenue growth that exceeded the high-end of the preliminary range we announced in January. During the quarter, we continued to navigate the ongoing pandemic-related challenges exceptionally well. The meaningful actions we have taken over the past nine-months, including reducing station operating expenses and negotiating discounts with service providers and partners, resulted in 28.8% year-over-year growth in SOI and improved SOI margin as well as a 62.4% increase in station operating income less corporate expenses. In addition, despite the pandemic and restrictions in certain markets, we generated fourth quarter free cash flow of $16.8 million, inclusive of the $4.6 million net gain from dispositions, which compares very favorably to the $20.7 million of free cash flow in the year ago period which benefited from $21.8 million in dispositions. Record fourth quarter net political revenue of $10.2 million, combined with the resumption of advertising in key categories, drove year-over-year revenue increases in six of our station clusters. Excluding political revenue, Beasley continued to generate sequential month-over-month revenue growth, with October up 8.3% over September and November up 2.0% over October, while December paced slightly behind November due to a tightening of COVID-19 restrictions in certain markets. Notably, our continued emphasis on strong local content drove best-in-industry ratings performance for our station clusters in the fourth quarter, according to Nielsen, and our cumulative on-air audience share has grown consistently since March.”

TALKERS and Industry Mourn the Passing of Marcia Daly. Longtime TALKERS executive art director and advertising coordinator Marcia Daly, 67, unexpectedly passed away on Thursday, February 4 at her home in Westfield, MA. One of the original members of the TALKERS staff since its launch in 1990, she was a key component of both the company’s management and production teams and a beloved friend and colleague to countless professionals in the broadcasting industry across America. In that capacity, she worked closely with some of the biggest names in the talk show industry on their art, logos and advertising campaigns and was widely respected for her tremendous talent and reputation for kindness. In announcing the sad news, TALKERS publisher Michael Harrison said, “Marcia Daly was an invaluable component in the rise and ongoing success of TALKERS for the past 31 years serving as an ever-dependable teammate and friend to those of us fortunate to have had her in our lives. In addition to being an extremely accomplished and talented artist, she was known far and wide for having a heart of gold and being one of the kindest and most generous people one could ever hope to know. All of us at TALKERS are stunned by this terribly sad news and pray for Marcia’s family and friends.” She is survived by her husband of 44 years, Joseph Daly. Born in Springfield, MA to Donald Van der Wolk and Betty (Moynihan) Van der Wolk, she leaves behind children, Kathleen Daly of Westfield, MA and John Daly of Medford, MA. A dedicated member of Blessed Sacrament Church, in Westfield, MA, Marcia Daly actively volunteered with the Soup Kitchen and Take & Eat. A cat lover, gourmet cook and baker, and a huge fan of crime dramas, she made friends everywhere she went and had a positive impact on everyone she met. A funeral mass will be held on Friday, February 12, 2021 at 11:00 am ET in Our Lady of the Blessed Sacrament Church, 127 Holyoke Road, Westfield.  It can be virtually attended via livestream at https://my.gather.app/remember/marcia-daly. In lieu of flowers, donations in Marcia Daly’s honor may be made to The Sisters of St Joseph, 577 Carew Street, Springfield, MA 01104.

Entercom and TEGNA Strike Deal for Locked On Podcast Network. This new content agreement between Entercom and TEGNA – which recently acquired the local sports podcast network Locked On Podcast Network – puts Locked On’s extensive lineup of professional and collegiate sports podcasts featuring analysis from local experts, writers, reporters, and insiders, on Entercom’s RADIO.COM platform. The deal also calls for the development of new content, including co-produced and co-branded podcasts, a daily sports news podcast featuring hosts from leading RADIO.COM sports stations and local experts from Locked On, and two weekly one-hour programs, produced by Locked On, available on Entercom radio stations and RADIO.COM. Entercom chief digital officer J.D. Crowley says, “We’re aggressively leveraging the value of our national dominance in sports programming and content in audio, digital and sports betting platforms and our agreement with Locked On reflects continued progress on this front. As the number one creator of live, original local audio content, we’re excited to add Locked On’s collection of top-rated podcasts to our portfolio, welcome their eight million monthly listeners nationwide to the RADIO.COM platform and make their inventory available to our advertising partners.” The first podcast co-produced under the partnership will be “Locked On Today,” hosted by “Locked On Packers” host Peter Bukowski. The program will be “a fast-paced take on the biggest sports stories of the day, going beyond the scoreboard and behind the scenes for insight and perspective from the local experts of the Locked On Podcast Network and Entercom sports radio stations.”

iHeartMedia Unveils iHeart 3D Audio for Podcasts. A new slate of podcasts from iHeartMedia will be released using the binaural or 3D audio technology the company is calling iHeart 3D Audio that “places listeners into the middle of an audio soundscape, immersing them in the story like never before.”  The company says 3D audio “creates a sense of movement, location and triggers other senses, enhancing listening experiences and providing a new way for people to hear high quality, surround sound, immersive content, and reproducing real-life experiences, much like virtual reality has done for video, right in their own homes.” iHeartPodcast Network president Conal Byrne says, “Podcasting has undoubtedly stepped in as one of this year’s most relied upon forms of entertainment. We’ve seen a huge spike in listenership and iHeart wants to ensure we’re meeting this growing audience in new, innovative ways. This is virtual reality for the ears, and by expanding our 3D audio offerings, our goal is to place fans at the center of the stories they love – in an even more immersive, innovative format.” iHeartMedia will launch a new slate of podcasts that is underpinned by the unique recording technology.

Moore and Squire Promoted at iHeartMedia Philadelphia. Two executives at iHeartMedia’s Philadelphia station group are promoted. Jeff Moore is named market president, rising from his previous post as senior vice president of sales, and Chris Squire is elevated to the SVP of sales position. Moore says, “I am thrilled to have the opportunity to lead this great team of successful sales and programming professionals in Philadelphia while representing some of the most iconic brands. My mission is to continue to build a winning culture that attracts the best talent and has a positive impact on our employees, brands and the community we serve.”

TALKERS News Notes. Based on data from the Podcast Consumer Tracker, Edison Research releases its first chart of the U.S. top 50 podcasts of 2020. In the top five positions are: 1) The Joe Rogan Experience 2) The Daily 3) Crime Junkie 4) This American Life and 5) My Favorite Murder. You can see the complete list here…..LiveXLive Media, owner of PodcastOneSlacker Radio, and React Presents, announces today’s release of “Valentine’s Day In Hell.” The six part musical-horror-comedy podcast marks the first production of the recently announced joint venture with LiveXLive and Audio Up Media. “Valentine’s Day In Hell” features some of today’s hottest recording artists, top social influencers, and media personalities in starring roles. Those starring in the podcast include iann diorjxdnOliver Treephem, and recent Billboard 21 Under 21 artist, Carlie Hanson – with Adam Carolla playing the devil.….Cumulus Media’s Westwood One announces the weekly podcast, “Brown Ambition,” to the Westwood One Podcast Network. Hosted by Mandi Woodruff and Tiffany Aliche, the program offers “life-changing financial advice and resources for women and other communities that have been excluded from the essential financial conversations necessary to thrive. Business Insider named ‘Brown Ambition’ one of ‘the best personal finance podcasts of 2021.’” Woodruff says, “When we started ‘Brown Ambition’ more than five years ago, we knew we wanted to create a unique space for women of color to feel empowered to build wealth and take charge of their careers unapologetically. I’m so proud of the organic growth we have achieved with the show thanks to the loyal listeners who have made us part of their weekly routine all these years.”…..The “Under the Hood” car talk show, hosted by Shannon Nordstrom, Russ Evans, and Chris Carter, moves into new studios. The program says that “this expansive project features all-new, state-of-the-art equipment throughout, including HD streaming video with an automatic switching system.” The show is also broadcast live in its home market on KELO-AM, Sioux Falls, South Dakota with the syndicated version of the radio show airing on more than 240 stations.

Impeachment Hearing, COVID-19 Stats & Vaccines, WHO’s China Investigation, Deadly Minnesota Clinic Shooting, and Supremes Singer Mary Wilson Dies Among Top News/Talk Stories Yesterday (2/9). The opening day of the impeachment case against Donald Trump; the number of COVID-19 cases and deaths in the U.S. and the rollout of vaccines; the World Health Organization reports its investigation into the origin of the coronavirus was likely not the result of a lab breach; a Minnesota man kills one and injures five at a health clinic in Minnesota; and Supremes singer Mary Wilson dies at 76 were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Thursday, July 23, 2020

| July 23, 2020

TALKERS Marks 30th Anniversary Today. It was 30 years ago today – July 23, 1990 – that TALKERS was launched as “The Information-Radio Newspaper.”  It first appeared as a tabloid-style, 12-page newsprint publication distributed to radio stations around the country by mail and eventually grew into a full-color, glossy magazine and, eventually, a multi-platform communications organization. Over the decades, TALKERS has produced 22 annual national talk media conventions in New York City plus several “bonus” conferences in Los Angeles. At those conferences, a number of the publication’s annual awards were presented, including the coveted TALKERS magazine Freedom of Speech Award. TALKERS magazine was a pioneer in producing radio row events that began in the mid-1990s. The organization also presented numerous talk media forums in Washington, DC and New York featuring talk personalities discussing important issues of the day. Many of those were aired on C-SPAN. As digital media became inextricably intertwined with radio and television, TALKERS itself evolved into a multimedia platform presenting video elements via Talkers TV and launching Talkers Radio. Annual features, including the “100 Most Important Radio Talk Show Hosts in America,” a.k.a. the Heavy Hundred (and later its sports talk radio sister list), have become highly anticipated presentations within the industry. Upon reaching this milestone, founder Michael Harrison stated, “TALKERS is a reflection of my lifelong fascination with and love of radio, as well as my core devotion to the tenets of the First Amendment. It has come very far during these three decades and most of the credit for its remarkable longevity and adherence to quality has been to the credit of its devoted core staff (in alphabetical order) – David BernsteinKevin CaseyMarcia DalyMatthew B. HarrisonAl HerskovitzMike KinosianBarbara Kurland, and Steve Weisman with a special salute to the late Sharon L. Harrison.  Add to that list our loyal advertisers and sponsors, our talented contributing writers, as well as our readers.  The radio and its related media industries have been extremely kind to us and, for that blessing, I am eternally grateful.”

‘98.5 The Sports Hub’ Host Fred Toucher Off the Air for Medical Help. The Boston Globe’s Chad Finn reports that WBZ-FM, Boston “98.5 The Sports Hub” morning drive co-host Fred Toucher is off the air for the time being as he deals with personal issues that were revealed during the July 21 program. Toucher posted to his Instagram account: “First of all thank you to the listeners that have my back. For some reason I want you guys to know I have never been drunk on the air [management has never accused me of such] I am going to a mental institution next week. I am sometimes too forthcoming on the air. I’m used to just being honest about my life but when you are a f*ckup that isn’t such a good idea.” Finn reports that Toucher confessed he’s going through a divorce on the Tuesday morning program discussion that he describes as “unsettling.” Co-host Rich Shertenlieb suggested he take some time off the air and offered to take a leave with him. However, on Wednesday’s program, Shertenlieb told listeners Toucher is taking some time off and they can’t wait for his return. Beasley Media Group issued the following statement to the paper: “As a responsible company committed to the Boston Community, we take this matter very seriously. Fred will be off the air while we continue to review the situation.”

WLW, Cincinnati-Based “America’s Truckin’ Network” to Avoid Political Discussion. In a move that’s clearly a sign of the times, the overnight program “America’s Truckin’ Network” has been ordered by management to steer clear of political discussions. The show is nationally syndicated and available via SiriusXM but is produced at iHeartMedia’s WLW, Cincinnati and hosted by Steve Sommers (son of program founder Dale “Truckin’ Bozo” Sommers). Sommers tells the Cincinnati Enquirer’s Jim Calhoun that after complaints to corporate headquarters in San Antonio about a caller’s comments that aired, he was held responsible for the comments that shouldn’t have aired and was given a warning. He’s also been told to refrain from politics and stick to issues relevant to the trucking audience. iHeartMedia Cincinnati SVP of programming Scott Reinhart issued the following statement to the Enquirer: “The ATN has been on the air for over 30 years. We regularly review all our shows to ensure they provide the best and most compelling programming, and we have always relied on comments and feedback from our listeners to help us make these decisions.”

Cume & Coronavirus (Part 3). TALKERS magazine managing editor Mike Kinosian continues his analysis of ratings data for spoken-word radio stations based on information from Nielsen Audio’s June 2020 PPM survey. After looking at 6+ cume data for the all-news and sports talk formats in parts one and two, today Mike Kinosian turns to the news/talk format. When it comes to cume (versus AQH share), two news/talk stations stand above the rest based on June numbers – iHeartMedia’s KFI, Los Angeles (747,600) and Cox Media Group’s WSB-AM/WSBB-FM, Atlanta (709,800). In this report, see comparisons of cume from the May 2020 survey to the June 2020 survey – which stations went up and which went down – as well as charts showing cume by market rank and more.  See it here.

Entercom Seeking Vice President of News Candidates. Posted on Entercom’s website in its career opportunities section is a notice seeking applicants for a new corporate position, VP, News. The post states, “The VP, News is responsible for overseeing all news content across Entercom’s best-in-class local news brands and via the RADIO.COM platform. The ideal candidate has experience managing both broadcast and digital news operations and is adept at leading through change and innovation.” Among the duties that are part of this position are managing “all broadcast and digital news content across 8 All News and 18 News/Talk stations in 23 markets working with brand managers and news directors across the country.” The post adds, “This role is for a hands-on leader and self-starter who is relentless in his/her quest for excellence in journalism. This role will require strong business acumen and the ability to drive results leading market-based teams across the country and in our corporate offices in Philadelphia and New York.” Read the post here.

iHeartMedia and Will Ferrell Partner for New Comedy Podcast Network. Comedian Will Ferrell and iHeartMedia are announcing their new deal that will bring the initial six co-produced podcasts to the Big Money Players Network of comedy podcasts that will be heard on the iHeartRadio platform later this year. The programs include “Las Culturistas with Matt Rogers and Bowen Yang”; “Michael Bolton’s Big Sexy Podcast” in collaboration with The Lonely Island and Comedy Bang Bang; “My Momma Told Me with Langston Kerman”; “POOG with Kate Berlant and Jacqueline Novak”; “Bald Talk” hosted by Brian Huskey and Charlie Sanders; and “True Romance with Carolina Barlow and Devin Leary.” Will Ferrell comments, “The iHeartPodcast Network really knows how to make a podcast. In addition to the creative minds working behind the scenes, the network has an unprecedented ability to reach millions of new podcast listeners. These first few shows for Big Money Players Network will set the standard for the type of high-quality comedy podcasts we’re striving to produce with this collaboration.”

TALKERS News Notes. The “Kim Komando Daily Tech Update” is expanding to seven-days-per-week delivery. Komando says, “As our country was forced to work from home, unemployment soared and parents became teachers, ‘The Kim Komando Show’ and programs became more popular than ever. We pivoted to focus on providing COVID-19 much-needed digital life advice and assistance to our listeners, offering inspiration and confidence to all.” As a result of demand, the “Daily Tech Update” goes from five days per week to seven with the Saturday and Sunday editions being delivered just like the weekday editions…..Today (7/23) on SiriusXM’s Business Radio channel, a special program titled “The Business of Sports Reopening During a Pandemic” which will air from 10:00 am to 12:00 noon ET.  Dan Loney, host of “Wharton Business Daily,” leads the discussion and speaks with high-ranking executives in the world of sports, including: Houston Texans president Jamey Rootes, San Francisco Giants CEO Larry Baer, agent Drew Rosenhaus, and more…..Chicago media reporter Robert Feder writes that Nexstar Media Group’s WGN-AM is eliminating the creative services manager position at the news/talk station and Chris Duffy exits after more than 10 years there. As Feder notes, Duffy was one of the staffers brought aboard when former Clear Channel Radio president Randy Michaels assumed the CEO role at Tribune, former owner of the station, in 2007. Duffy posted on Facebook, “After over 10 years, three Stanley Cups, one Cubs World Championship, working with some of the absolute best in the business, yesterday I closed the book on WGN Radio. It will always be the pinnacle of my radio career.”…..PodcastOne and Violet Benson come to terms on a deal to bring Benson’s podcast “Too Tired to Be Crazy” to the network. The podcast features Benson and a wide swath of friends, guests, and frequent co-hosts chatting about topics ranging from living and dating in Los Angeles, to millennial life, to pop culture news perfectly capturing the zeitgeist of today…..WAPT-TV, Jackson reports the death of civil rights activist and talk show host Charles Evers, who passed away on Wednesday (7/22) at the age of 97. Evers was the older brother of slain civil rights activist Medgar Evers. In addition to his lifelong work on civil rights, Charles Evers owned and operated WMPR-FM, Jackson, Mississippi for many years. He hosted the “Let’s Talk” program on the station for decades.

COVID-19 Statistics & Projections, Fall School Plans, U.S.-China Tensions/Hacking Allegations, Portland Protests/Chicago Violence, Federal Agents Controversy, GOP COVID Stimulus Plan, and MLB Season Opens Today Among Top News/Talk Stories Yesterday (7/22). The soaring number of COVID-19 cases in numerous states and projections for future cases; debate over plans to return children to schools this fall; tensions between the U.S. and China as the latter’s consulate in Houston is ordered closed and feds seek a Chinese scientist believed to have lied on her visa application; the protests taking place in Portland and the violence on Chicago’s streets; the controversy over President Trump’s use of federal troops to combat protestors; the Republican plan for COVID-19 relief and stimulus; and Major League Baseball begins the 2020 season today were some of the most-talked-about stories on news/talk radio yesterday, according to ongoing research from TALKERS magazine.

Legendary Moody Blues Member John Lodge Is This Week’s Guest on Harrison Podcast. The venerable British bass guitarist, vocalist, and songwriter for the iconic Rock & Roll Hall of Fame inductees, the Moody Blues, is this week’s guest on the award-winning PodcastOne series, “The Michael Harrison Interview.” John Lodge is the writer of Moody Blues hits that include “Ride My See-Saw,” “I’m Just A Singer (In A Rock and Roll Band),” “Isn’t Life Strange?” and many more. This musical legend has been performing and recording with the Moody Blues for more than five decades, selling in excess of 70 million albums. He’s been voted one of the “10 most influential bass players on the planet,” and has been the recipient of numerous prestigious music industry awards. Although he primarily lives in London, Harrison caught up with Lodge via phone at his condo in Naples, Florida where he’s been isolating from COVID-19 for the past four months and during which time he wrote and recorded a new song titled “In These Crazy Times (Isolation Mix).” Harrison (an album rock radio pioneer) and Lodge talk about a wide range of topics including the recording of the groundbreaking album “Days of Future Passed,” their personal encounters with Dr. Timothy Leary (“Legend of a Mind”) and the psychedelic era, changes in popular music over the years, and the impact COVID-19 is having on live music and theater. To listen to the podcast in its entirety, please click here or click on the player box marked “The Michael Harrison Interview” located in the right-hand column on every page of Talkers.com.

Music Radio News and Career Moves. Former “American Idol” contestant and current WKLB, Boston “Country 102.5” morning drive co-host Ayla Brown will be featured singing the National Anthem at a future NBA game in Orlando. Beasley Media Group says Brown has performed the Anthem for every major sport in Boston and was the Celtics’ “Lucky Anthem Singer” when the team won the 2008 National Championship. She says, “Growing up in Massachusetts and being a former basketball player for Boston College, my dream was always to step on the court at the Garden. While I never got to lace up the sneakers for a game, singing the National Anthem over the years for the team has always been the highest honor. Thank you to the Boston Celtics for this wonderful opportunity!”…..On-air pro Christy is exiting Pamal Broadcasting’s CHR WFLY-FM, Albany “FLY 92” because of her husband’s relocation to the Boston area. She was part of “The Fly Morning Rush With Jake & Christy.” As a result, program director Ally Reid is seeking a new morning drive co-host. Interested candidates should email her at ally@fly92.com.